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Albania green-lights two solar projects totaling 152 MW near Korçë under 49-year concessions
Albania’s latest approvals for utility-scale solar add momentum to the country’s broader effort to reshape its electricity portfolio—especially as it looks beyond a system long dominated by hydropower. The government has authorized two separate projects in the southeast near Korçë, with long operating horizons that will determine how quickly new generation can be integrated.
Two permits for solar expansion in the southeast
Under a government decision, Tekno Fire was granted permission to develop a 102 MW solar facility in the Korçë area. The company has three years to complete construction, after which it will be entitled to operate the plant for a term of 49 years.
A second approval was issued to Kronos Konstruksion for a separate 50 MW solar project, also located near Korçë. The timeline mirrors the first development: a three-year build period followed by a 49-year operational term.
Output share obligations tie projects back to state energy needs
The government’s framework includes conditions on how electricity generated by the facilities will be handled. Both developers must provide a share of their production to the state: each company must either supply 2% of its annual output free of charge to the Ministry of Energy or pay an amount equivalent to that electricity into the state budget.
Diversifying generation beyond hydropower
Taken together, the approvals represent another step in Albania’s ongoing push to expand renewable generation and diversify its electricity mix beyond its traditionally hydro-dominated system. For investors and market participants, concession-backed timelines and defined output-sharing requirements may help clarify both delivery schedules and how value from new solar capacity is expected to flow within Albania’s energy framework.